secwatch.observer — SEC 8-K summary
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Issuer:     Elauwit Connection, Inc. (ELWT)
CIK:        0002063863
Form:       8-K
Filed at:   2026-05-14T10:45:22+00:00
Accession:  0001104659-26-060657
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elauwit Connection Q1 2026 revenue falls 19% YoY; net loss widens to $2.2M
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- Revenue of $4.4M down from $5.4M YoY; net loss of $(2.2M) vs $(0.4M) YoY.
- Billed units surged 114.8% to 20,059; contracted units up 29.4% to 36,720.
- Backlog reached $38.1M, up from $15.6M a year ago.
- New sales team secured verbal awards for ~40 properties (~11,000 units) across 16 states and DC.
- Cash $3.5M; total debt $1.9M, including $1.2M related-party debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2063863/000110465926060657/0001104659-26-060657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2063863/000110465926060657/tm2614501d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-060657

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer